01-01-1970 12:00 AM | Source: Reuters
India's Nykaa sinks 5.4% on Q3 profit slump
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/e12e7a05cbaf955503639c12f3091fc8.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
BENGALURU (Reuters) - Shares of India's FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, fell as much as 5.4% on Tuesday after the company reported a 70.7% fall in third-quarter consolidated net profit due to higher costs.
(Reporting by Ashna Teresa Britto in Bengaluru; Editing by Savio D'Souza)
Latest News
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
Unbelievable scenes! Jam-packed Mumbai awaits team I...
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
Market Explorer - July 2024 by Religare Broking Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
HDFC Bank`s June-quarter gross advances down 0.8% se...
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
Zomato relaunches `Intercity Legends` service with m...
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Buy Gold Above 72500 SL Below 72300 TGT 72800/73100 ...
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
Government slashes licence fee for women entrepreneu...
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
Die-hard fans wave tricolours as team India reaches ...
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
Residential Prices in Bengaluru See 57% 5-Year Jump,...
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
``It won`t let you down?``Tahira Kashyap Khurrana as...
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Market Wrap Up by Shrikant Chouhan, Head Equity Rese...